SEMICON India 2024: PM Modi projects India as global semiconductor hub

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Prime Minister Narendra Modi emphasized the importance of strong supply chains for maintaining economic stability and also reaffirmed commitment to increase investment in semiconductor industry. Speaking at the SEMICOM 2024 in New Delhi, PM Modi underlined the essential role of semiconductors in almost all electronic gadgets, be it from electric vehicles, artificial intelligence, and smartphones. The Prime Minister also stated, ”It’s our dream to have an India-made chip in every device in the world.” He also further mentioned that India is strengthening its supply networks across the sectors. An investment of Rs 1.5 lakh crore has been made for semiconductor manufacturing, the PM revealed.

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Prime Minister Narendra Modi, Union Minister of Electronics and Information Technology Ashwini Vaishnaw and Uttar Pradesh Chief Minister Yogi Adityanath during the inauguration of SEMICON India 2024, in Greater Noida, Uttar Pradesh on Wednesday, Sept 11, 2024. (Photo source: PTI)

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PM Modi while addressing a gathering during the inaugural function in Greater Noida. (Photo source: PTI)

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Union Minister Ashwini Vaishnaw also informed that the government has already started to work on SEMICON 2.0 which will be the second phase of the semiconductor policy. (Photo source: PTI)

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During the inaugural function, PM Modi stated that India is the 8^th country in the world that has organized a grand event for the Global Semiconductor industry. (Photo source: PTI)

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PM Modi while addressing the event also stated, ‘’In the 21^st century of Bharat, the chips are never down. Today, we can give assurance to the world that when chips are down, you can bet on India.’’ (Photo source: PTI)

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PM Modi announced while delivering his speech that he is proud to say that this is the right time to be India. He assured the global industry that they were at the right place at the right time. (Photo source: PTI)

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PM Modi also mentioned that India provides an integrated environment for the semiconductor industry and will also offer ease of doing business.(Photo source: PTI)

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Delegates listening to Prime Minister Narendra Modi’s address during the inauguration event. (Photo source: PTI)

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PM Modi along with Uttar Pradesh CM Yogi Adityanath at an exhibition during the inauguration of SEMICON India 2024.(Photo source: PTI)

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Prime Minister Narendra Modi heading the Semiconductor Executives’ roundtable ahead of the Semicon India, in New Delhi, Tuesday, Sept. 10, 2024. (Photo source: PTI)